# 40-39 27th Street, Queens

Two-family · built c. 1920 · Block 405, Lot 9.

On Umarelli: https://umarelli.org/nyc/4004050009/40-39-27-street

More construction in Long Island City: https://umarelli.org/nyc/queens/long-island-city.md

## Building permits

- New Building — Multi-Family, filed Jul 24, 2026, 12 units, 6 stories, described as “Proposed a 6-story mixed-use building”
- Alteration, filed Sep 24, 2026, estimated cost $1K, described as “Proposed 50' builds pavement plan in conjunction with NB#Q01434334-I1.”
- Demolition, filed Feb 24, 2026, estimated cost $50K, described as “This job is filed for demolition work at 40-39 27 STREET, QUEENS NY 11101”

## Property taxes

- Assessment: $85,200
- 2026–27 tax: $7,183
- Market value (city estimate): $1,420,000
- Taxable value: $36,197
- Assessed land: $19,380
- Assessed improvements: $65,820

## Zoning

M1-2/R5B (part of the lot is M1-2/R6A): floor area ratio 0.76 built, 2.00 allowed by base zoning.

## Recent sales

- Apr 19, 2019: $1,550,000

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology